FGRW
Forstrong Global Growth ETF
FGRW aims to achieve long-term capital growth and modest income by primarily investing, directly or indirectly, in a diversified mix of Canadian and global securities.
Reasons to Consider FGRW
Higher Growth
Access global growth opportunities
Diversification
Focus on diversified growth orientation
International Expertise
Specialized international expertise with a focus on downside protection
FGRW Overview - ETF Series
| Key Information | As of 10/15/2024 |
|---|---|
| Fund Inception Date: | 07/20/2023 |
| MER: | 2.00% |
| Total Net Assets (All series): | $84,165,882 |
| Previous Close: | $22.36 |
| NAV: | $22.45 |
| Risk Rating: | Low to Medium |
| Management Fees: | 0.50% |
| Trading Details | As of 10/15/2024 |
|---|---|
| Ticker: | FGRW |
| CUSIP: | 34660K105 |
| ISIN: | CA34660K1057 |
| Listing Exchange: | TMX |
| Shares outstanding: | 100,000.00 |
| Number of holdings: | 20 |
Investment Objectives:
FGRW aims to achieve long-term capital growth and modest income by primarily investing, directly or indirectly, in a diversified mix of Canadian and global securities.
Distribution History - ETF Series
Distribution Frequency: Quarterly
| Type | Ex-Dividend Date | Record Date | Payment Date | Cash Distribution per Unit | Reinvested Distribution Per Unit | Total Distribution Per Unit |
|---|---|---|---|---|---|---|
| Income | 28 Dec 2023 | 29 Dec 2023 | 8 Jan 2024 | $0.2718 | $0.0000 | $0.2718 |
| Income | 25 Mar 2024 | 26 Mar 2024 | N/A | $0.0000 | $0.0000 | $0.0000 |
| Income | 28 Jun 2024 | 28 Jun 2024 | N/A | $0.0000 | $0.0000 | $0.0000 |
| Income | 27 Sep 2024 | 27 Sep 2024 | N/A | $0.0000 | $0.0000 | $0.0000 |
Investment Results - ETF Series
| As of 09/30/2024 | YTD | 1 Month | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| Total Return (%)* | 11.45 | 2.2 | 18.06 | N/A | N/A | 11.03 |
*Total return represents changes to the NAV and accounts for distributions from the fund. Past performance does not guarantee future results.
Overview - Series F
| Key Information | As of 10/15/2024 |
|---|---|
| Fund Inception Date: | 08/12/2024 |
| MER: | *New Fund |
| Total Net Assets: | $84,165,882.34 |
| NAV: | $21.31 |
| Risk Rating: | Low to Medium |
| Management Fees: | 0.50% |
| Fund Code: | FGA312 |
Distribution History - Series F
Distribution Frequency: Quarterly
| Type | Record Date | Payment Date | Distribution Per Unit | Total Distribution Per Unit |
|---|---|---|---|---|
| No Distribution in 2023 and Year To Date 2024 |
Investment Results - Series F
| *New Fund | YTD | 1 Month | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| Investment Results will be available after 1 year. |
*Total return represents changes to the NAV and accounts for distributions from the fund. Past performance does not guarantee future results.
Overview - Series O
| Key Information | As of 10/15/2024 |
|---|---|
| Fund Inception Date: | 09/29/2023 |
| MER: | 1.84% |
| Total Net Assets (All series): | $84,165,882 |
| NAV: | $23.81 |
| Risk Rating: | Low to Medium |
| Management Fees: | Negotiable |
| Fund Code: | FGA311 |
Distribution History - Series O
Distribution Frequency: Quarterly
| Type | Record Date | Payment Date | Distribution Per Unit | Total Distribution Per Unit |
|---|---|---|---|---|
| Income | 28 Dec 2023 | 29 Dec 2023 | $0.1786 | $0.1786 |
| No Distribution Year To Date 2024 |
Investment Results - Series O
| As of 09/30/2024 | YTD | 1 Month | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| Total Return (%)* | 11.75 | 2.31 | 18.39 | N/A | N/A | 18.39 |
*Total return represents changes to the NAV and accounts for distributions from the fund. Past performance does not guarantee future results.
Top Portfolio Holdings
| As of 09/30/2024 | Ticker | Net Assets (%) |
|---|---|---|
| Vanguard FTSE Europe ETF | VGK | 11.30% |
| iShares S&P 500 Index Fund | XSP | 10.42% |
| iShares Core S&P Mid-Cap ETF | IJH | 10.17% |
| iShares Core S&P 500 ETF | IVV | 6.94% |
| BMO Equal Weight US Banks Index ETF | ZBK | 6.87% |
| WisdomTree Emerging Markets High Dividend Fund | DEM | 6.56% |
| Vanguard FTSE Pacific ETF | VPL | 6.03% |
| VanEck Vectors Gold Miners ETF | GDX | 4.88% |
| iShares MSCI Chile Capped ETF | ECH | 3.77% |
| WisdomTree Japan SmallCap Dividend Fund | DFJ | 3.68% |
Documents
*In compliance with the International Ethics Standards Board for Accountants’ (“IESBA”) Code of Ethics for Professional Accountants, the auditor is required to publicly disclose the audit and non-audit fees charged to public interest entities, including Forstrong ETFs, on an annual basis.
In connection with the audits of the financial statements of public interest entities managed by Forstrong for the year ended December 31, 2023, the following fees (excluding applicable taxes) were paid or payable to KPMG LLP: fees for audits of financial statements were $148,000 and fees for other services were $ 11,933.
